GTCO boosts banking subsidiary’s paid-up capital to N504bn

Tribune Online
GTCO boosts banking subsidiary’s paid-up capital to N504bn

GUARANTY Trust Holding Company Plc has announced the successful recapitalisation of its wholly owned banking subsidiary, Guaranty Trust Bank Limited to N504 billion through a rights issue subscription for 6,994,050,290 ordinary shares a total value of N365.850 billion. The Capital Injection, the group said in a statement, increases GTBank’s paid-up share capital from N138.186 billion […]

GTCO boosts banking subsidiary’s paid-up capital to N504bn
Tribune Online